Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different.
Powered by WPeMatico
Auto Added by WPeMatico
Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different.
Powered by WPeMatico
With the countdown now under 24 hours for Cardano’s most ambitious upgrade, all three metrics necessary to launch the awaited Vasil upgrade have been met.
Powered by WPeMatico
Cardano’s Vasil update is expected to be a bullish event, but macro fears are strongly countering the upside bias.
Powered by WPeMatico
ADA prints modest upside moves that may run out of steam due to weak technicals and macro factors.
Powered by WPeMatico
IOHK wants to see at least 75% of new blocks coming from upgraded nodes, along with two other “critical indicators” before implementing the Vasil hard fork.
Powered by WPeMatico
Powered by WPeMatico
With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks, or when developers have had enough time to prepare their tools for the upgrade.
Powered by WPeMatico
ADA’s price is above a key technical support level in the days leading up to the major Cardano upgrade.
Powered by WPeMatico